EMEA

Weekly TechREG EMEA: Global Regulators Call for Interoperable Stablecoins, CDBCs; EU, UK Lawmakers Take on Credit Card Debt, X-Border Fees
Weekly TechREG EMEA: Global Regulators Call for Interoperable Stablecoins, CDBCs; EU, UK Lawmakers Take on...
July 15, 2022  |  Regulation

This week in TechREG in Europe, the Middle East and Africa (EMEA), global regulators and several central banks discussed the need for regulating the cryptocurrency...

READ MORE >
Ericsson CEO: Extended Reality, APIs Will Drive 5G Growth ‘For Years’
Ericsson CEO: Extended Reality, APIs Will Drive 5G Growth ‘For Years’
July 15, 2022  |  Earnings

Extended reality (XR) and application programming interfaces (APIs) will be among the uses driving demand for 5G infrastructure and capacity for years to come, Ericsson...

READ MORE >
Money Transfer Firm Ping Express Admits to AML Violations
Money Transfer Firm Ping Express Admits to AML Violations
July 15, 2022  |  AML

A Texas money transfer company has pleaded guilty to federal charges that it failed to adequately maintain an anti-money laundering (AML) program, letting $167 million...

READ MORE >
HSBC Names Mark Evans to Lead Cross-Border Payments
HSBC Names Mark Evans to Lead Cross-Border Payments
July 15, 2022  |  Personnel

HSBC has appointed Mark Evans to the role of global head of Cross Border and Cross Currency Payments, Global Liquidity and Cash Management (GLCM), responsible...

READ MORE >
FinTech IPO Index Stumbles Into Earnings Season With 3% Weekly Drop
FinTech IPO Index Stumbles Into Earnings Season With 3% Weekly Drop
July 15, 2022  |  Investments

For the FinTech IPO names, now comes the true test. Earnings season. Wednesday, JPMorgan signaled that the U.S. remains in good shape, in terms of...

READ MORE >
Market Crash Tests Crypto’s Survival of the Fittest
Market Crash Tests Crypto’s Survival of the Fittest
July 15, 2022  |  Cryptocurrency

When TerraUSD or UST, an algorithmic stablecoin that was supposed to be pegged to the dollar, collapsed in May, it sent shockwaves across the crypto...

READ MORE >
BoA Names Former Prudential Exec James Gill for EMEA Top Post
BoA Names Former Prudential Exec James Gill for EMEA Top Post
July 14, 2022  |  Personnel

Bank of America has promoted James Gill, a former executive for insurance company Prudential, to lead its financial institutions franchise for Europe, the Middle East...

READ MORE >
Croatia’s Adopting Euro May Be Silver Lining for Struggling Eurozone Economy
Croatia’s Adopting Euro May Be Silver Lining for Struggling Eurozone Economy
July 14, 2022  |  Europe

Earlier this week (July 12), the European Union Council officially approved Croatia’s entry into the eurozone, setting the stage for the euro currency to become...

READ MORE >
Revolut Turns 7 with 20M Customers
Revolut Turns 7 with 20M Customers
July 14, 2022  |  Digital Payments

British FinTech Revolut is celebrating its seventh year as a company by hitting a milestone of 20 million customers, 250 million monthly transactions, and a...

READ MORE >